Far Eastern Group wins the Corporate Sustainability Award and remains the top winner in Taiwan in terms of the number of awards

        The 17th Taiwan Corporate Sustainability Award (TCSA) for Comprehensive Performance and Sustainability Reporting will be held on December 11th, 2024, Far Eastern Group performed the most outstandingly, Far Eastern New Century Corporation 、 Asia Cement Corporation 、 Far Eastern Department Stores 、 Far EasTone Telecommunication 、 U-Ming Marine Transport 、 Oriental Union Chemical Corporation 、 Far Eastern International Bank 、 Everest Textile 、 FE SOGO Department stores 、 Oriental Securities Corporation Ten affiliated enterprises have won a total of 18 awards, leading all groups in Taiwan in terms of the number of awards received.

        Far Eastern New Century Corporation has been named one of the top ten sustainable model companies for five consecutive years

                Far Eastern New Century Corporation has been awarded the "Top 10 Sustainable Model Enterprises in Taiwan" by the manufacturing industry for five consecutive years, and has also achieved a "Platinum" rating in the sustainability report award. The award was presented on behalf of Director Xu Guoan. As a global leader in environmentally friendly polyester, Far Eastern New Century Corporation drives green growth through sustainable finance, and has issued nearly 30 sustainable finance products to date, raising NTD 74 billion in funds, all of which are invested in sustainable projects. In addition, Far Eastern New Century Corporation is ranked in the top 1.5% of nearly 600 chemical companies globally in the Sustainability risk rating by the international ESG evaluation agency, and is also included in the UK's FTSE4Good Emerging Markets Index, ranking sixth among all listed companies in Taiwan.

        Far Eastern New Century Corporation is an important green supply chain partner for international brands, with products widely used in textiles, food packaging materials, household items, and automotive materials. It has obtained multiple certifications, including food safety certification, recycled ingredient certification, and other environmental labels, demonstrating a high degree of diversity and market influence. With the continuous growth of demand for green products, Far Eastern New Century Corporation's revenue from recycling and environmentally friendly polyester products will reach a new high in 2023. By 2024, it will complete the establishment of a leading factory for chemical fabric recycling, giving new life to discarded clothing. Not only that, but he was also invited to give two speeches at the official venue of COP 29, Blue Zone, focusing on "diversified green products" and "carbon reduction achievements", and showcased "ocean recycling environmentally friendly anti explosion jerseys" and "100% recycled polyester sports shoes", demonstrating the strength of green innovation to the international community.

        Far EasTone Telecommunication has been selected as one of the "Top Ten Sustainable Model Enterprises in Taiwan" for the seventh time with the highest honor

                Far EasTone Telecommunication has won the highest honors of "Top 10 Sustainable Model Enterprises Award" and "White Gold Award for Sustainable Report" for the seventh time, as well as multiple individual performance awards such as "Climate Leader Award", "Social Inclusion Leader Award", "Innovation and Growth Leader Award", "Talent Development Leader Award", "Sustainable Supply Chain Leader Award", etc. It has won a total of 13 sustainable awards this year and has once again won the most awards in Taiwan. Chee Ching President stated, Far EasTone Telecommunications, with its core expertise in telecommunications, implements low-carbon operations internally, promotes green telecommunications solutions externally, and calls on its employees to serve as public service volunteers in rural areas, contributing to the achievement of an inclusive society. Meanwhile, Far EasTone Telecommunication collaborates with supplier partners to promote energy conservation and carbon reduction through 'big leads small' initiatives Projects such as Recycled Economy aim to expand the effectiveness and impact of sustainability.

        Far EasTone Telecommunications is committed to implementing low-carbon operations, becoming the first telecommunications company in Taiwan to pass the Science Based Reduction Target Initiative (SBTi) review and control the short-term warming target within a 1.5 ℃ warming scenario. It has also joined RE100 and announced that it will use 100% renewable energy by 2040, with the goal of achieving net zero carbon reduction by 2048. In addition, Far EasTone Telecommunication leads value chain partners to achieve net zero, and this year has released Taiwan's first third-party verified "Supply Chain Sustainability Report", demonstrating its determination to build a sustainable supply chain.

        On the other hand, Far EasTone Telecommunication utilizes 5G "Big Data+AI+IoT" (Big Data, AI artificial intelligence Internet of thingsIoT We have launched the first "5G remote diagnosis and treatment" service in Taiwan, which has been extended to emergency rescue, creating a "5G ambulance" and expanding to emergency home care. Recently, we donated 100 sets of remote diagnosis and treatment equipment to reduce the burden on the elderly society. Far EasTone Telecommunication's sustainable action has been highly recognized by impartial organizations at home and abroad. This award is a recognition and encouragement for employees and suppliers, and we will continue to work with our ecosystem partners to promote the dual axis transformation of digital and net zero in the future.

        Asia Cement Corporation implements sustainable and comprehensive deepening of ESG governance

                Asia Cement Corporation has won the "Taiwan Top 100 Sustainable Model Enterprises Award" for three consecutive years and the "Sustainability Report Platinum Level" award for four consecutive years, demonstrating the company's achievements in ESG performance. Vice President Yu Donglin, who represented the award, said, Asia Cement Corporation exposes information through detailed sustainability reports, making business operations more transparent. This is not only a commitment to internal governance, but also a responsibility and commitment to external stakeholders. At the same time, it actively promotes environmental protection and social participation, and practices sustainable business operations.

        Asia Cement Corporation has deeply rooted the concept of sustainability in corporate governance. In terms of compensation system, the compensation of senior managers is closely integrated with ESG sustainability performance indicators; In terms of talent development, maintain a low turnover rate through employee stock ownership trusts and cross departmental training. In addition, Asia Cement Corporation continues to implement the ISO 37001 anti bribery management system, demonstrating its zero tolerance for bribery and corruption. Faced with the challenge of global climate change, In addition to promoting recycled economy and producing low-carbon cement, Asia Cement Corporation has also invested in research on carbon capture and reuse (CCU) technology, with an estimated goal of capturing and reusing 18000 tons of carbon emissions annually by 2030.

        On the other hand, Asia Cement Corporation actively fulfills its corporate social responsibility, creates more harmonious local relationships through diverse community participation programs, and assists in promoting ecological education, guiding the creation of 34 butterfly habitats, making outstanding contributions to Taiwan's ecological conservation. Through excellent corporate governance, deep cultivation of talent, and promotion of low-carbon technology, Asia Cement Corporation leads the industry towards a sustainable new era through action, achieving excellent results and becoming a benchmark for corporate development.

        Far Eastern Department Stores has won the "Taiwan Top 100 Sustainable Model Enterprises Award" and the "Sustainability Report Gold Award"

        Far Eastern Department Stores continues to implement ESG actions and has been awarded the top 3 most innovative department stores in the world by the International Group of Department Stores (IGDS), demonstrating its recognition of promoting digital transformation and innovative consumer experiences. In the face of climate change, the Green Power Plan has been launched, aiming to reduce carbon emissions by 30% by 2030 and transition towards low-carbon retail. It has won the "Top 100 Sustainable Model Enterprises in Taiwan" and the "Sustainability Report Gold Award" at this year's TCSA.

        U-Ming Marine Transport has won the "Taiwan Top 100 Sustainable Model Enterprises Award" and the "Sustainability Report Gold Award"

        U-Ming Marine Transport actively promotes low-carbon transportation and will release the first TCFD independent report on Taiwan's maritime industry in 2024. In addition, it has partnered with partners to build liquefied natural gas (LNG) dual fuel ships, becoming the first shipowner in Taiwan to use low-carbon fuels. It has once again been awarded the TCSA "Top 100 Sustainable Model Enterprises in Taiwan" and the "Sustainability Report Platinum Award".

        FE SOGO Department Stores has won the Platinum Award for the highest level in the report for three consecutive years, making it the only department store among the top 100 sustainable models

        FE SOGO Department stores is committed to low-carbon operations and leads industry transformation with innovation. It has won the TCSA "Taiwan's Top 100 Sustainable Model Enterprises Award" for three consecutive years, and its sustainability report has also won the highest honor "Platinum Award in the first category of trade department stores" for three consecutive years. In addition to three individual performance evaluations, it has received five recognitions this year.

        Sophia C.W. Huang, Chair of FE SOGO Department stores, stated that, FE SOGO Department stores has been actively promoting sustainability since 2015. Even before the 2050 net zero target was implemented, they were the first department store to recognize the potential impact of climate change and became the first TCFD supporter to deepen their commitment to climate governance. They are also the first large department store in Taiwan to submit a commitment letter for SBT science based reduction targets.

        In terms of corporate governance, FE SOGO Department stores, which operate steadily, have always been regarded as the golden chicken mother of department stores. As of 2023, net profit, earnings per share, and return on equity have all grown for six consecutive years. Actively enhance the resilience of the supply chain and fully sign perpetual terms with counter brands and suppliers. In terms of environment, FE SOGO Department stores is the first department store in the Asia Pacific region to join the EP100 international initiative, committed to promoting low-carbon operations and green transformation through digital transformation. It has become the first department store in Taiwan to launch electronic gift vouchers, saving a total of 10 E.SUN BANK high paper stores. Last year, we took the lead in department stores by merging sales details with credit card receipts, saving two long highways of paper in a year. Externally, we will work together with suppliers to establish a carbon reduction alliance, jointly implement the summer solstice light off initiative with counters to save electricity, and switch to international boutique counters for green electricity. We will hold hundreds of small agricultural exhibitions, cultivate social entrepreneurship enterprises, strengthen the sustainable resilience of the value chain, and jointly transform towards green. In the social aspect, in response to the shortage of manpower, FE SOGO Department stores have launched the 'Vision Project' to strengthen talent cultivation, continuously adjust salaries, and create a DEI workplace with the lowest turnover rate in the industry. In addition, FE SOGO Department stores attach great importance to community prosperity, with close relationships between each store and the local business district. Taking Taipei store as an example, it has given birth to the city government's "Corridor Plan" and regularly holds events with the East District Business District Development Association to extend the flow of department store customers. It is expected that Far Eastern Group Garden City will open in 2025, connecting the East District and Xinyi District business districts and driving regional prosperity.

        Oriental Union Chemical Corporation has won the "Taiwan Sustainable Enterprise Performance Award" and the "Sustainable Report Gold Award"

        Oriental Union Chemical Corporation constructs green, electronic Wuhan Far Eastern New Material's new generation industrial application, towards becoming a green technology materials company, and participating in the Ministry of Economic Affairs' iPAS industry talent appraisal project, collaborated with suppliers to conduct greenhouse gas inventory, product carbon footprint and other training. This year's TCSA won the "Taiwan Sustainable Enterprise Performance Excellence Award" and the "Sustainability Report White Book Gold Award".

        Everest Textile has won the "Taiwan Sustainable Enterprise Performance Award" and the "Sustainable Report Gold Award"

        Everest Textile strengthens climate governance and aims to reduce emissions beyond set targets by 2023. At the same time, continuous innovation and research and development have been carried out to develop textile waste recycling polyester, sugarcane bagasse bio polyester, tire recycling nylon and other products, enhancing green market competitiveness. This year's TCSA has won the "Taiwan Sustainable Enterprise Performance Award" and the "Sustainability Report White Book Gold Award"

        Far Eastern International Bank's' Journey on the Avenue 'won the' Silver Award for Sustainability Report '

        The Far Eastern International Bank's sustainability report, titled "Journey on the Road," conveys its goal management of maximizing human potential, promoting financial inclusion, implementing carbon reduction plans, and creating a public welfare river under the guidance of sustainable governance. It has won the Silver Award in the Finance and Insurance category of the Taiwan Sustainability Award. The bank has teamed up with Far Eastern Group affiliated enterprise to amplify sustainable synergies, which has been widely recognized by various sectors. In addition to combining Far Eastern New Century Corporation and Everest Textile to innovatively use environmentally friendly recycled fabrics to produce employee uniforms, it has been invited by the Ministry of the Environment to share as a benchmark case for recycled economy. In addition, it has collaborated with Far Eastern Resources Development to launch an ESG syndicated loan case that simultaneously links green building businesses and sustainable performance indicators in Taiwan. It has also been awarded the "Taiwan's Best Connected Real Estate Sustainable Loan Project of the Year" by the international financial media "The Asset".

        Oriental Securities Corporation wins Silver Award for Sustainability Report

        Oriental Securities Corporation participated in the 17th TCSA Taiwan Corporate Sustainability Award for the first time in 2024 and won the Silver Award for Sustainability Reporting, demonstrating the company's complete information disclosure, high credibility, effective communication, and fulfilling corporate social responsibility.

        Oriental Securities Corporation has long been concerned about sustainability development trends and will release its second sustainability report in 2024, communicating the company's sustainable management philosophy and achievements to stakeholders from all walks of life, and responding to sustainability issues. To improve communication channels, a "Stakeholder Interaction Zone" will be established on the official website in 2024, using text, charts, games, feedback questionnaires, and interactive web pages to enhance communication between the company and stakeholders.

        In addition, to enhance customers' awareness of fraud prevention, Oriental Securities Corporation actively promotes anti fraud education and publicity, not only sharing the latest fraud methods through the "Anti Fraud Zone" on its official website and regularly issuing risk reminders to customers, but also providing anti fraud consultation channels and linking group resources to promote anti fraud information through various electronic media broadcasts and social welfare activities in cooperation with other industries. It has been awarded the "Outstanding Award for Anti Fraud Evaluation" by the Stock Exchange. on the other hand, Oriental Securities Corporation is committed to improving customer service quality through digital transformation and optimizing service processes, such as continuously implementing novice education, strengthening young investors' risk awareness, establishing trading discipline, and avoiding violations caused by investing in the stock market without basic knowledge.

        Dickinson Chairman said, Oriental Securities Corporation will continue to listen to customers' voices, enhance digital financial services with higher corporate responsibility and social commitment, adopt more comprehensive anti fraud measures, and hope to bring happiness and trust to customers.

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